A reconversion is a conversion of an amount from a Traditional IRA to a Roth IRA, where such amount had previously been converted and recharactrerized.

An option/asset equivalence: Specifically - Sell short the stock and writing Puts and buying Calls of equal number with the same strike price and expiry date. Also known as reverse conversions or short conversions. It is the opposite of a conversion.

A conversion of assets that were already converted and recharacterized back to the Traditional IRA.